Fluno Corporation Has 1 Million Shares Outstanding at the End

Multiple Choice

Fluno Corporation has 1 million shares outstanding at the end of fiscal 2005. Its stock is trading at $15 per share. It issued $0.6 million in dividends, and had net income of $1million in fiscal 2005. At the end of 2005, its total assets, liabilities and retained earnings were $25 million, $15 million and $7.5 million, respectively. Fluno's price to book ratio and dividend yield ratios for 2005 are: $\begin{array}{|c|c|c|}\hline &\text { Price to Book } & \text { Dividend Yield } \\\hline A) &2 & 60 \% \\\hline B) &1.5 & 60 \% \\\hline C) &1.5 & 4 \% \\\hline D) &2 & 4 \% \\\hline\end{array}$

A) Option A
B) Option B
C) Option C
D) Option D